Shares to buy: Here are the top stocks with minimum risk, say experts

The calendar year 2018 has been a marginal year for investors with the Nifty giving 3 per cent return. Investors would do well to moderate their expectations for index returns in calendar year 2019. Photo source: Reuters

After three consecutive trading session in previous week, Indian equity inestors are in a limbo as to which trajectory BSE Sensex and Nifty would take in coming sessions. Their situation becomes further tricky when we look at fast approaching Lok Sabha Polls in India and not much expectations from the budget coming on February 1. However, market experts are of some othr opinion.

Rajiv Singh, CEO, KARVY, says, “The calendar year 2018 has been a marginal year for investors with the Nifty giving 3 per cent return. Investors would do well to moderate their expectations for index returns in calendar year 2019. We expect Nifty to face resistance around 11750 levels followed by 12000 levels for the year ahead. The auto industry is nearing to it's next down cycle. However, as the industry is shifting towards improvisation in technology and comfort, we think that there is more scope for expansion." Expecting a bull run again after some profit booking sessions he added, "Giving our expectation for Nifty to touch 14000 levels in 2019, we prefer cyclical sectors, Banks and Capital Goods.”

On tip to pick top stocks that are expected to give better returns to the market inestors Dharmesh Kant, Head - Retail Reseach, IndiaNivesh told Zee Business online in a written statement, "We believe in bottoms up, sector agnostic approach for stock picking/investing. We think under mentioned companies driven by solid business models, asset light balance sheet, high return ratios and consistent earnings are good investment buys for 2019." He said that AB Capital, Can Fin, Delta Corp, Lal Path Lab, Excel Corp, JK tyres, BEL, NBCC, RBL are the stocks that he would suggest Indian market investors to bet upon.

Asked about the details of the stocks while taking position Dharmesh Kant of IndiaNivesh told, "AB Capital shares ar at around Rs 100 and it has a marging of safety around 47 per cent. Investors can take this stock for a target price of Rs 140 in 2019." He said CanFin shares are at around Rs 292.5 per shares. It also has margin of safety at around 47 per cent. So, a market investor can pick this stock for a target of Rs 440 in 2019. JK Tyre shares are currently at around Rs 88. It has margin of safety at around 54 per cent. So, a trader can take this stock with a target prie of Rs 175.

"BEL and NBCC stoks too have a margin of safety at around 55 per cent. So, a trader can take position in these shares with their target prices of Rs 134 and Rs 71.5 respectively," said Dharmesh Kant of IndiaNivesh. However, Simi Bhaumik, TEchnical Equity Analyst (officially registered with SEBI) told Zee Business onlin, "Equity investment is subject to marekt risk. SO, a trader must maintain stop loss while taking any position in the markets."